TradingTech Insight Blogs The latest content from across the platform
Calxeda Hires Niall Dalton and Geno Valente
Calxeda – developer of EnergyCore ‘system on a chip’ processors being pitched at big data applications – has hired Niall Dalton and Geno Valente, both of whom are well known in the financial markets space. Dalton has joined as chief software architect and will be based in the company’s soon-to-be-opened Sunnyvale, Ca. office. He was…
Tibco Scales Spotfire 5 In Memory; Partners with Teradata
Tibco Software has announced Spotfire 5, the latest version of its analytics platform, which leverages in-memory functionality derived from Tibco’s ActiveSpaces data grid to improve performance. Separately, the company has extended its partnership with data warehouse vendor Teradata. “Spotfire 5 is capable of handling in-memory data volumes orders of magnitude greater than the previous version…
Q&A: Dataminr’s Ted Bailey on Hotspots Among The Hashtags
Specialising in creating “actionable insights” for financial traders from the deafening noise that is Twitter, Dataminr recently made its own news by raising $13 million in Series B funding (for a total to date of $16 million). We spoke to Dataminr founder and CEO Ted Bailey to find out more about the company and its…
Tibco Taps Pluribus for FTL Message Switch; Adds Appliance for Enterprise Messaging
Tibco Software has added to its messaging arsenal with the introduction of the Tibco FTL Message Switch and the Tibco Enterprise Message Service Appliance. Both new products were announced at the company’s annual Tucon user conference, held this week in Las Vegas. For the FTL Message Switch, Tibco is partnering with Pluribus Networks, a startup…
Q&A: Dave Malik’s Cisco Nexus 3548 Deep Dive
Following up on the big Cisco news the other week of the launch of its Nexus 3548 switch, featuring latency of less than 190 nanoseconds, IntelligentTradingTechnology.com wanted to find out more about the new offering, its capabilities and the technology behind it. Dave Malik, senior director within its financial services group, provided some answers. Q:…
Verdande, Nastel Team for CBR-Based Operational Analytics
Verdande Technology and Nastel Technologies have teamed up to combine their case-based reasoning (CBR) and application performance monitoring (APM) solutions, respectively, to provide financial services organisations with predictive analytics to reduce system outages and to remain compliant with regulatory reporting. CBR allows for an adaptive “human” approach to problem solving that analyses data patterns in…
Kx Releases kdb+ 3.0 To Ease Management of Big Data
Kx Systems has released version 3.0 of its kdb+ database, improving performance and simplifying the storage of massive data sets, such as long histories of time series data. The optimised code in 3.0 utilises Intel “Sandy Bridge” processor Advanced Vector Extensions (AVX) and Streaming SIMD Extensions (SSE) instructions to boost performance of calculations. As for…
Leveraging Algo Boost ASIC, Cisco Introduces Sub-200 Nanosecond Switch
Cisco Systems is today introducing its Nexus 3548 network switch, incorporating proprietary Algorithm Boost (aka Algo Boost) ASIC chip technology, which pushes port-to-port cut through latency down to 190 nanoseconds for typical financial trading applications. Moreover, latency of 50 nanoseconds is possible for straightforward one-to-many market data distribution. Cisco execs say the switch is “orderable”…
Another Take On Market Data Latency Disparities
There’s been a fair amount of media coverage resulting from the recent $5 million fine levied by the Securities and Exchange Commission on NYSE Euronext, caused in the most part by the exchange’s failure to provide data to third parties as quickly as it did to its own data feeds. Now, not to make light…
The Rise of Cloud Computing Within the Financial Trading Sector
Mainstream cloud adoption across the financial vertical initially started with buy- and sell-side trading firms needing an accessible platform scalable enough to store their immense volumes of market data and run risk analyses or other algorithms. The cloud was chosen as the logical solution, satisfying the security, compliance and low latency requirements associated with such…